HOUSTON, TEXAS (By Pietro D. Pitts, Editores Latin Petroleum, 12.Oct.2026, Words: 151) — Petróleos de Venezuela (PDVSA) plans to establish itself as a secure supplier of liquefied petroleum gas (LPG) by 2027.
Exports will be destined for the Caribbean, the US, Europe and India, foreseeing the start of exploitation operations in the Loran field in 2028, PDVSA president Héctor Obregón said in a 12 Oct. 2026 during PDVSA broadcast on national television.
Of note, PDVSA completed the initial export of 150,000 barrels of LPG in Feb. 2026. The destination of the shipment was the Caribbean, PDVSA said then.
Obregón also underlined the OPEC country’s strategic vision to also return to its status as a reliable exporter hydrocarbons, exporting not only crude oil, but also methane gas and gas liquids.
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By Pietro D. Pitts reporting from Houston. © 1999-2026 Energy Analytics Institute (EAI) and its 100% owned Venezuelan affiliate Editores Latin Petroleum CA. All Rights Reserved.
